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Luxury brands face uncertainty after Donald Trump won the US presidential election. His victory spells trouble for the sector's hopes of a comeback in China. AdvertisementAmerica has elected a new president, paving an uncertain future for luxury brands looking to boost sales in China. Tariffs further complicate luxury's China issuesChina has been a reliable cash cow for luxury brands for decades. AdvertisementNationalism's rise doesn't play well for luxuryTrump's return to the White House is a signal of a wider issue facing luxury brands — rising nationalism.
Persons: Donald Trump, , Trump, Jelena Sokolova, Martin Roll, they'll, Cheng Xin, Gary Ng, Ng, Daniel Langer, Justin Sullivan, It's Organizations: Service, America, Beijing, Morningstar, Trump, McKinsey, Pepperdine University Locations: China, outflows, Russia, Europe
The National Weather Service issued a Red Flag warning until 6 p.m. Thursday – which is used to describe “extreme and life-threatening fire behavior.” The warning is expected to affect 27 million people in Southern California and the greater San Francisco Bay area. More than 14,000 people remain under evacuation orders, according to the Ventura County Sheriff’s Office. Kapoor added that fires are part of the “Los Angeles reality” and all professors could do was follow guidance from emergency officials and reassure students. The Mountain Fire in Ventura County, California, has damaged or destroyed several homes, officials said. More than 11,000 Southern California Edison customers across five counties had power shut off Wednesday morning.
Persons: Dustin Gardner, Trevor Johnson, haven’t, Gavin Newsom, Christina Noren, Paul Boutin, Boutin, , Noren, Catherine Opie, Nathan Oliveira, Brent Estabrook —, she’ll, Paul, Qian Weizhong, Komal Kapoor, Kapoor, CNN’s Taylor Romine, Emma Tucker, Robert Shackelford, Chris Boyette, Mary Gilbert Organizations: CNN, National Weather Service, Montecito Fire Department, Ventura County Fire, Emergency Management Agency, California’s Department of Forestry, Fire Protection, Ventura County Sheriff’s, Pepperdine University, Los Angeles Fire Department, Montecito, Cal Fire, Southern California Edison Locations: Southern California, San Francisco Bay, Ventura County, Los Angeles, Ventura, Santa, Camarillo, California, Camarillo Heights, Pismo Beach, Noren . California, Malibu, Angeles, Ventura County , California, Southern
CNN —Firefighters are battling two fast-growing wildfires in Southern California Wednesday as the state experiences a “particularly dangerous” fire weather event. “Due to extreme wind conditions, fixed-wing aircraft are unable to assist in firefighting efforts,” VCFD posted. A rare “particularly dangerous situation” red flag warning, the most extreme form of fire weather warning, is also in effect for Southern California into Thursday. More than 11,000 Southern California Edison customers across five counties had power shut off Wednesday morning. A gust of 85 mph was recorded by Wednesday morning on Magic Mountain with gusts over 70 mph in the nearby Transverse Ranges in Southern California, according to the weather service.
Persons: VCFD, , ” VCFD, LACoFD, Shutoffs Organizations: CNN — Firefighters, National Weather Service, Storm, Fire Department, Los, Los Angeles County Fire Department, Angeles County Sheriff’s, NWS, Pepperdine University, Malibu, NWS Los Angeles, Southern California Edison, Southwest Wednesday, CNN, Santa Ana Locations: Southern California, Santa, Los Angeles, Ventura, Ventura County, , Malibu, Angeles, Pepperdine, NWS Los, Northern California, Southwest California, Southern, California, Mount St, Helena
Luxury sales in Japan surged due to a weakened yen and increased tourist spending. Brands like Hermès are thriving there by aligning with Japanese values of subtlety and quality. Rasmus Jurkatam/Getty ImagesBut in Q3, both LVMH and Kering reported a slowdown in luxury spending in Japan. Still, while the tourist spending may have faded somewhat, experts say Japanese consumers are emerging from a frugal era and spending on luxury themselves. But the Japanese aren't just splashing their cash anywhere — a bitter pill for some luxury brands to swallow.
Persons: , Amrita Banta, Kering, Rasmus Jurkatam, Jelena Sokolova, Daniel Langer, Martin Roll, Birkin, Banta, Louis Vuitton, Roll, Langer, " Langer Organizations: Brands, Service, Research, Gucci, Morningstar, Pepperdine University, McKinsey, Prada Locations: Japan, China, India
Palmer Luckey told MIT Technology Review he's still "sore" about being ousted from Facebook in 2017. Luckey, who founded Oculus VR, has since turned his efforts to Anduril, a defense tech company. AdvertisementPalmer Luckey is still angry about his ousting from Facebook eight years ago — but the billionaire virtual reality guru doesn't blame Meta CEO Mark Zuckerberg. Much of his remaining ire, Luckey told the outlet, is reserved for less well-known people involved in the situation, such as public relations agents, reporters, and lawyers. "Anyway," Luckey told MIT.
Persons: Palmer Luckey, Mark Zuckerberg, , Palmer, Luckey, I'd, I've, it's, It's, Meta —, Facebook —, Donald Trump, Zuckerberg, Zuck, Luckey's, resentments, Andrew Bosworth, Meta Organizations: MIT Technology, Facebook, VR, Service, Meta, Trump, MIT, Reality Labs, Pepperdine University Locations: Luckey, Meta
As college tuition fees soar, more American students are going abroad. Beyond cheaper tuition, college abroad can offer multiple benefits, including exposure to new cultures. It sounded like a dream to her: a chance to live abroad and earn an affordable college degree. Now, out of the 350 high school students his company works with yearly, 10 to 20% apply to college abroad, he said. Related storiesThe benefits of college abroad go beyond costIn many US colleges, students declare a major after their freshman year.
Persons: , Liza Jean Miezejeski, James Edge, he's, Greg Kaplan, Robert Harry, it's, Edge, Jacob Zeidberg, Lou Zeidberg, Harry, It's, Zeidberg, Jennifer Zeidberg, Scarlett Kiaras, Attari, Kaplan, There's, Mrozek, Amanda Mrozek Amanda Mrozek, Miezejeski, hasn't, I've Organizations: Institute of International Education, Service, Colleges, National Center for Education Statistics, U.S . News, Pepperdine University, Kent School, Europe College, Ireland, Toulouse Business School, University of Oxford, Oxford, Central Michigan University, Miezejeski, University of Connecticut Locations: Europe, Germany, Connecticut, Prague, Brussels, New York, America, Malibu, Netherlands, Japan, France, Kentucky, Scotland, undergrad, Edinburgh, Portugal, American, Canada, Italy, Boston
No matter which way I went, my first step was always met with: "You never know where you're going." Despite being close friends, I couldn't bring myself to tell her that the jab made me feel incompetent. "And sometimes when people feel shame they do buy into the notion that they are flawed in some way." "Hurt feelings [can] elicit aggression, but I think hidden in there is this sense of being rejected and being found wanting," Tangney says. Even though having your feelings hurt is a universal experience, telling someone that what they said upset you can feel singularly embarrassing, says Judy Ho, a neuropsychologist and professor at Pepperdine University.
Persons: Tangney, that's, Judy Ho, Ho Organizations: George Mason University, Pepperdine University
Thursday marks one year since four Pepperdine University students were struck and killed in a high-speed crash along Pacific Coast Highway. Pepperdine students, including the slain women’s sorority sisters and friends, continue to grieve their deaths while trying to honor their legacy by fixing the dangerous roadway where they were killed. It may have been a year since the deadly crash, but Pepperdine Alpha Phi sisters are still honoring the lasting impacts the four students left behind while struggling to cope with pain and grief. “Asha was so smart,” Halia Hansen, Vice President of Marketing for Alpha Phi and another close friend, said. “She would always have a smile on her face whenever I would see her.” Hannah Schendel, Pepperdine Alpha Phi President said.
Persons: Niahm Rolston, Peyton Stewert, Asha Weir, Deslyn Williams, “ I’ll, , Hannah Allen, , ” Allen, Deslyn, , Allen, Georgia Puckett, she’s, ” Puckett, birthstone, Asha, ” Asha, “ Asha, Halia Hansen, Charlie Robinson, Peyton, ” Robinson, “ I’m, I’ve, I’m, “ I’ve, ” Niahm Rolston, ” Hannah Schendel, Schendel, Niamh, ” Hansen, ” Schendel, Gavin Newsome Organizations: Pepperdine University, Authorities, Pepperdine, Pepperdine Alpha Phi, New Member Education, Alpha Phi, Marketing, Starbucks, “ Alpha Phi International Locations: Malibu
Palmer Luckey and Meta appear to be mending their frayed relationship. The Oculus and Anduril founder recently visited Meta for a demo and signaled he'd be open to working with Mark Zuckerberg. Luckey was fired in 2016 from Facebook amid backlash over funding a billboard mocking Hillary Clinton. AdvertisementEight years after getting fired from Facebook, Palmer Luckey appears to be open to burying the hatchet with Mark Zuckerberg and Meta. https://t.co/SvHbU5qwcn — Palmer Luckey (@PalmerLuckey) October 3, 2024Neither Palmer Luckey nor Meta immediately responded to a request for comment from Business Insider.
Persons: Palmer, he'd, Mark Zuckerberg, Luckey, Hillary Clinton, , Palmer Luckey, He's, Andrew Bosworth, Zuckerberg, haven't, Donald Trump, Gary Johnson, Anduril, They've, Meta, Bosworth, Theseus, Boz, SvHbU5qwcn — Palmer, Palmer — Organizations: Meta, Facebook, Service, Street, Trump, VR, Industries, Forbes, Pepperdine University, Business Locations: Luckey
In a college talk, Palmer Luckey criticized AI restrictions in military use. Luckey, founder of Anduril Industries, warned of adversaries like Russia and China using AI. In a Tuesday talk at Pepperdine University, Palmer Luckey, the founder of Anduril Industries, said he fears that AI will be used by "evil people," while Western powers are being coerced into not using AI. He added that Iran is going to have access to great AI in the future, and that China already has great AI. During Tuesday's talk, Luckey said that all of Anduril's tech operates autonomously and runs on its AI platform, called Lattice.
Persons: Palmer Luckey, , Luckey, Anduril, Alex Karp, Karp, we're, Brian Schimpf Organizations: Anduril Industries, Service, Pepperdine University, United Nations, VR, Meta, of Defense, Department of Homeland Security, Special, Command, Founders Fund, Sands Capital, New York Times Locations: Russia, China, Ukraine, United, Iran, Europe, West, Israel, Palantir
Popularized by the book "Attached: The New Science of Adult Attachment and How It Can Help You Find — and Keep — Love," attachment style refers to the psychological explanation for how we bond with other humans. Anxious people are often preoccupied with their relationships and tend to worry about their partner's ability to love them back. people are often preoccupied with their relationships and tend to worry about their partner's ability to love them back. About 40% of people in the U.S. report having a secure attachment style, according to a 2023 poll of 1,000 American adults. If you use these five phrases, you are probably more secure in your relationships than most.
Persons: Amir Levine, Rachel Heller, Judy Ho Organizations: Pepperdine University, CNBC Locations: U.S
Brené Brown's No. 1 tip for learning from your mistakes
  + stars: | 2024-05-30 | by ( Aditi Shrikant | ) www.cnbc.com   time to read: +1 min
You might think being hard on yourself after a professional or personal faux pas will help you to not make that same mistake in the future. Oftentimes this isn't the case, though, says Judy Ho, a neuropsychologist and professor at Pepperdine University. New York Times bestselling author and a professor at The University of Houston, Brené Brown echoes the sentiment that being excessive self-scrutiny doesn't make you stronger. "The core of mental toughness is actually self-compassion," Brown said on her podcast "Unlocking Us" in 2022. "People who are mentally tough stay mentally tough because they don't slip easily into shame or self-criticism or self-loathing."
Persons: Judy Ho, Ho, Brené Brown, Brown Organizations: Pepperdine University, New York Times, The University of Houston, Stanford University's Center for Compassion, Education
Negative self-talk, or an excessively-critical inner monologue, can keep you from reaching your goals and create a cycle of pessimism. Telling ourselves we aren't smart or productive enough to hit certain milestones can often become a "self-fulfilling prophecy," says Judy Ho, a neuropsychologist and professor at Pepperdine University. However, some amount of tough love can spur positive change. "I think that negative self-talk can be motivating if it's done in a way where it helps you to course correct," she says.
Persons: Judy Ho Organizations: Pepperdine University
Rich millennials in the US have been known to splash out on their pets, new laundry rooms, and expensive coffee machines. And over in China, rich millennials have their own ideas of what counts as a luxury status symbol. AdvertisementExpect to see these rich millennials mixing luxury casual wear like T-shirts and sneakers with traditional luxury brands, Banta told BI. And getting regular aesthetic treatments has become a top priority for affluent millennials, Banta told BI. Independent luxury brands that offer more authentic products and those that draw on cultural heritage are also highly in demand, she said.
Persons: , they've, Rich millennials, They've, Claudio Lavenia, Louis Vuitton, Daniel Langer, Amrita Banta, Budrul Chukrut, Elisa Harca, Ant Asia, Mary, Kate, Ashley Olsen, prioritizes, Harca, Banta, JUAN BARRETO, Olivia Plotnick, Port Ellen, Alexandra Bacon, Ewan Andrew, Langer, Black Pearl, JOHANNES EISELE, Olivier Morin, Plotnick, Tom Dixon, Potnick, Gen, Gabriella Tegen, Gen Z Organizations: Service, Business, Pepperdine University, Research, Getty, JUAN BARRETO Travel, Wai, Social, Diageo, Michelin, China Morning, Meituan, Clover, Bloomberg, Clover Suites, China News Service, McKinsey, Brands, Independent Locations: China, Antarctica, Iceland, Shanghai, Port, Scotland, That's, Harca, Singapore, Banta, millennials
Negative self-talk, or the experience of your inner monologue being hyper-critical, can erode your confidence. And, usually, whatever you're worried about doesn't actually come to pass, says Judy Ho, a neuropsychologist and professor at Pepperdine University. In her recent TED Talk, Ho describes how negative self-talk can undermine your goals. "Sometimes we think that negative self-talk helps us to be motivated," Ho told CNBC Make It. To defeat the cycle of negative self-talk, you have to be mindful of what triggers your pessimism and how to distance yourself from anxiety-driven thoughts.
Persons: doesn't, Judy Ho, Ho, Judy Ho neuropsychologist Organizations: Pepperdine University, Penn State University, CNBC
The WNBA’s stars aren’t asking to be paid an equal dollar amount to NBA players, however. WNBA players have made progress on salaries since 2020, when they reached their latest collective bargaining agreement with the league. Sharing the revenue pieBecause it’s a smaller and younger league, women’s players have had less bargaining power with team owners over their pay than men. While NBA players receive 50% of total NBA revenue, the WNBA must hit a certain revenue threshold annually before any revenue sharing agreements kick in. This has held back women’s salaries.
Persons: Caitlin Clark, Clark, Angel Reese, ” Terri Jackson, David Berri, Kelsey Plum, Griner, Jackson, ” Jackson, “ It’s, , Alicia Jessop, “ That’s, ” David Berri, David Stern, , Berri, Cathy Engelbert, ” Breanna Stewart Organizations: New, New York CNN, NBA, National Basketball Association, Women’s National Basketball Association, University of Iowa, Louisiana, NCAA, WNBA, ’ Association, CNN, Southern Utah University, Las Vegas Aces, , Phoenix Mercury, , Pepperdine University, longtime, New York Liberty Locations: New York, men’s, Russia
I like to call them "Connected Explorers." I've found in my research and professional experience that "Connected Explorers" tend to embody four phrases. They regularly tell themselves:'I believe in and like myself'The securely attached tend to have a strong sense of self, and higher self-esteem, than those who are insecurely attached. They're more likely to have consistently positive feelings about themselves, their abilities, and their perception of acceptance by others. Connected Explorers understand where they end and others begin, and in the case of more intimate or romantic relationships, where the "we" begins, without becoming subsumed.
Persons: It's, I've, They're, they'll, Judy Ho Organizations: Pepperdine University, CNBC Locations: U.S
"You're looking for similar interests or goals, but you're also looking at personality or temperament," she says. You're looking for similar interests or goals, but you're also looking at personality or temperament. Don't limit yourself to just one mentor, either, Bryant says, especially if you're looking for guidance in your personal life. "I don't think I've ever asked someone to be my mentor," Williams says. One compliment or coffee chat probably won't result in a job offer being thrown your way, but it can spark a long term relationship, Williams says.
Persons: Keita Williams, Bryant, Acharya, she's, Williams, It's Organizations: CNBC, American Psychological Association, Pepperdine University, Harvard Medical Center, Columbia University Locations: Cincinnati , Ohio, New York City
To make the most of your visit, Business Insider spoke with college students and tour guides. Here are the dos and don'ts of college tours from student guides. Related storiesStudents can comfortably ask questions without a parent present and compare notes afterward. But some topics are off-limits, so don't ask your tour guide about their SAT scores, ACT scores, or what they wrote about in their essay. Your tour may be over, but you can still learn other ways to immerse yourself in college life.
Persons: , Skyler Kawecki, Emily Bone, Henry Millar, College of William & Mary, Nathan Weisbrod, Halle, Julian Jacklin, Lorenzo Mars, Thomas Elias, it's, Connor Gee, Emily Balda Organizations: Service, Business, Sarah Lawrence College, Fairleigh Dickinson, Fairleigh Dickinson University, College of William &, Wesleyan University, Bucknell University, Reed College, Pepperdine University, University of Scranton, University of Mississippi, Seton Hall University Locations: New York, New Jersey, Virginia, Connecticut, Oregon, California, Pennsylvania
An overwhelming majority, 91%, of workers who have mentors are satisfied with their jobs, according to a 2019 survey by CNBC and SurveyMonkey. If you've struggled to find a mentor, you might be asking the wrong person, says Thema Bryant, the president of the American Psychological Association. "A mistake people often make is they look at the highest person in a field and they want that person to be their mentor," she says. "That person is not going to have as much time to pour into you as someone who is maybe mid-level." If you're looking for someone who can respond to emails right away or meet multiple times a month, the most senior person at your company is unlikely to have that capacity.
Persons: you've, Bryant Organizations: CNBC, American Psychological Association, Pepperdine University
Two years later, Congress put such a law in place, prohibiting people facing domestic violence restraining orders from having guns. Gun rights organizations are supporting Zackey Rahimi, the Texas man whose challenge to the law led to the Supreme Court case. A gun, though, is more than just a potential source of violence, Glenn said, recalling how her husband threatened her and her then-teenage son, David, repeatedly. Rahimi’s case reached the Supreme Court after prosecutors appealed a ruling that threw out his conviction for possessing guns while subject to a restraining order. The court's decision in the Rahimi case could have widespread ripple effects, including in the high-profile prosecution of Hunter Biden.
Persons: — Ruth Glenn, Glenn, Cedric, ” Glenn, Zackey Rahimi, Shira Feldman, Brady, , ” Feldman, David, it’s, Rahimi, Cory Wilson, Wilson, ” Wilson, Clarence Thomas, Hashim Mooppan, Trump, ” Mooppan, , Clark Neily, Jacob Charles, Hunter Biden, ” Charles, Cedric Glenn, “ We’re, we’re Organizations: WASHINGTON, Associated Press, Survivor Justice, Biden, Republicans, Democrats, for Disease Control, Gun Safety, Circuit, Justice Department, Georgetown Law, Cato Institute, Pepperdine University Locations: Denver, Glenn, Texas, Arlington , Texas, U.S, Bruen, Malibu , California
The top two aspirations parents have for their adult children are that their kids are financially independent and that they have jobs they enjoy, according to data from Pew Research Center. A parent's wish for their child to be professionally successful is understandable. It can also lead to some unsolicited advice. Bryant is also a professor of psychology at Pepperdine University and did her postdoctoral training at Harvard Medical Center's Victims of Violence Program. Here's how she suggests handling three career-centered conversations that can quickly become frustrating:
Persons: Bryant Organizations: Pew Research Center, American Psychological Association, Pepperdine University, Harvard Medical
This is especially true when it comes to aspects of life where parents sometimes feel they should have an outsized say, such as who their child is dating. What a person wants in their romantic partner and what their parents believe they should want in a romantic partner are often different. Let's say, for example, you're unhappy in your relationship, but your parents really like your partner and have vocalized that breaking up with them would be a mistake. You don't have to bash your partner or even become combative with your parents. "It requires self-reflection and reflection on who your parents are," Bryant says.
Persons: Bryant Organizations: Pepperdine University, Harvard Medical, American Psychological Association
The remote work debate is still raging, as firms try to get their workers back into the office. But one business owner says trusting workers to create their own best work arrangement is the best option. "There's the whole saying about working from home, 'shirking from home,' or working remotely, 'remotely working,'" Bloom said. That's why Eitzen is making remote work permanent. Are you a boss or worker trying to figure out how to keep remote work functional?
Persons: Sam Eitzen, Eitzen, I'm, you've, There's, they'd, Simon Fraser, Lucy Gilson, Nicholas Bloom, haven't, Bloom, that's, Chris Bailey, who's, Bailey, he's, It's Organizations: Service, Employers, Deloitte, Pepperdine University , University of New, Simon, Simon Fraser University, University of Calgary, Paul College of Business, University of New, Stanford University, Workers, jkaplan Locations: Wall, Silicon, Seattle, Pepperdine University , University of New Hampshire, University of New Hampshire, Spain, Italy
Editor’s Note: Phyllis L. Fagell, a licensed clinical professional counselor and professional school counselor, is the author of “Middle School Matters.” Her new book is “Middle School Superpowers: Raising Resilient Tweens in Turbulent Times.”CNN —After a disappointing routine during a gymnastics meet, Addy Moser was full of self-doubt, so the 13-year-old tried silently encouraging herself using her own first name. It’s not easy for middle schoolers to counteract unrealistic expectations they absorb from peers, family members, the culture and themselves, which is why I devote a chapter in my new book, “Middle School Superpowers: Raising Resilient Tweens in Turbulent Times,” to acquiring “super security,” the power to develop a healthy self-identity. The good news is you can help your child acquire super security. Beyond offering unconditional love, which every child needs to feel secure, parents can do practical things to shore up a tween’s self-image. Parents can encourage children who use social media to be mindful about the posts they see and share.
Persons: Phyllis L, , Addy Moser, Jason Moser, , Dad, ‘ Addy, Addy, ’ ” Moser, It’s, Michele Borba, Erlanger Turner, Moser, “ Sally, ” Moser, Devorah Heitner, Heitner, Jennifer Breheny Wallace, ” Wallace, Martin Seligman, Christopher Peterson, don’t, Wallace, , ‘ You’re, , Amy Morin, Mary Alvord, ” Alvord, you’re, Robyn Silverman, Silverman, you’ve, I’m, Turner, Borba Organizations: , Times, ” CNN, Michigan State University, Pepperdine University, Forster, Productions, Via Survey, SDI Locations: Los Angeles
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